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Excerpt from that survey paper you cited, which reports that economists agree that "rent control is bad": ...I find that the preponderance of the literature po
by declan 12y ago
Excerpt from that survey paper you cited, which reports that economists agree that "rent control is bad":
...I find that the preponderance of the literature points toward the conclusion that rent control introduces inefficiencies in housing markets. Moreover, the literature on the whole does not sustain any plausible redemption in terms of redistribution. The literature on the whole may be fairly said to show that rent control is bad, yet as of 2001, about 140 jurisdictions persist in some form of the intervention...